The Sources of Recovery in UK in the 1930s

G. D. N. Worswick

National Institute Economic Review, 1984, vol. 110, 85-93

Abstract: Britain, like any other open economy, is linked through exports and imports to the movements of prices and production in the world at large. But the emergence of the City of London as a major international financial centre forged an extra link between the fortunes of the British and world economies, which was still very strong in the inter-war period. It is appropriate, therefore, to preface this account of the economic recovery in Britain after the Depression with a brief reminder of the circumstances prevailing in the world economy at that time.

Date: 1984
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